Binance ends Brazil dispute with $1.76 million settlement over derivatives

Crypto exchange Binance has agreed to pay Brazilian regulators $1.76 million to settle allegations of unlicensed derivatives trading in the country. The settlement with the Comissão de Valores Mobiliários (CVM), Brazil’s securities regulator, marks the end of a year-long investigation into Binance’s activities in the country. Crackdown This regulatory crackdown began in July 2020, when […] source: https://cryptoslate.com/binance-ends-brazil-dispute-with-1-76-million-settlement-over-derivatives/